Payment Processing Blog

Advice for businesses looking to improve their payment processing using Direct Debits and Card Payments.

Tag >> BACS
Jul 06
2011

BACS Direct Debit Role

Posted by directdebitadmin in direct debit bureauBACS

Bacs is a not-for-profit organisation and is owned by 15 of the leading banks and building societies from UK and Europe. Bacs’ objectives are to ensure that a quality service for collecting direct debits is provided and that rules and regulations are adhered to by both users, banks and bureaus. Bacs' key responsibilities are to:

  • maintain the integrity of the direct debit scheme
  • update the scheme rules
  • act as an ombudsman/ governing body for the service

Eazy Collect Services Ltd. is a BACS Approved Bureau.

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